Project Furniture Residential Limited
12493696
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/12/2022
DIRECTOR
BRITISH · ENGLAND · Age 65
Also on 6 other boards
director · Since 31/12/2022
DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 6 other boards
director · Since 31/12/2022
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 7 other boards
director · Since 20/01/2023
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 6 other boards
Persons with Significant Control
Project Group Uk Limited
Dalton House, Harrison Road, Halifax, HX1 2AF
Reg: 10174050 · Uk Companies House · Limited Liability Company
Notified 02/09/2022
Former PSCs
Mr Nigel Anthony Barker
Ceased 02/09/2022
Charges0 outstanding
NPIF II - DEBT YH LP ACTING THROUGH ITS GENERAL PARTNER MBL (GENERAL PARTNER NPIF II - DEBT YH)
NPIF Y&H DEBT L.P. ACTING THROUGH IT’S GENERAL PARTNER EVBL (GENERAL PARTNER NPIF Y&H DEBT) LIM
CompanyRankvs 3025+ SIC 47599 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£29k
Balance sheet strength
Cash
£131k
Cash in the bank
Profit Before Tax
£327k
Bottom line earnings
Net Current Assets
-£119
Working capital
Current Assets
£4.1M
Current Liabilities
£4.1M
Fixed Assets
£45k
Debtors
£3.5M
Admin Expenses
£3.1M
Profit After Tax
£242k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.00 | +£242k |
| 2023 | 0.98 | — |
Derived from filed accounts. Not audited figures.